Condensed Financial Statements for Blackhurst Company Appear Below $\text { Comparative Balance Sheets }$

Condensed financial statements for Blackhurst Company appear below: $\text { Comparative Balance Sheets }$

There were 72,000 shares of common stock outstanding throughout the year.Dividends on common stock amounted to $320,400 and dividends on preferred stock amounted to $45,000.The market value of a share of common stock was $54 at the end of the year.

Required:

On the basis of the information given above,fill in the blanks with the appropriate figures:

Example: The gross margin as a percent of sales would be computed by dividing $2,160,000 by $5,400,000.

a.The earnings per share of common stock for the year would be computed by dividing
_______________ by _________________.
b.The times interest earned for the year would be computed by dividing _______________ by _________________.
c.The price-earnings ratio at the end of the year would be computed by dividing _______________ by _________________.
d.The dividend payout ratio for the year would be computed by dividing _______________ by _________________.
e.The dividend yield ratio for the year would be computed by dividing _______________ by _________________.
f.The return on total assets for the year would be computed by dividing _______________ by _________________.
g.The return on common stockholders' equity for the year would be computed by dividing _______________ by _________________.
h.The acid-test ratio at the end of the year would be computed by dividing _______________ by _________________.
i.The accounts receivable turnover for the year would be computed by dividing _______________ by _________________.
j.The inventory turnover for the year would be computed by dividing _______________ by _________________.
k.The debt-to-equity ratio at the end of the year would be computed by dividing _______________ by _________________.